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Ethiopia has introduced tough new regulations for foreign banks entering its financial sector, yet to approved, under the National Bank of Ethiopia’s (NBE) “Requirements for Licensing and Renewal of Banking Business and Representative Office Directive.” The directive mandates a minimum paid-up capital of five billion b
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News
Ethiopia New Year Livestock Market Prices: Supply vs Demand
3+ day, 19+ hour ago (1710+ words) On the eve of Ethiopia’s New Year, the livestock markets are full, the chickens are waiting and the spices needed for the holiday feast remain available. What is increasingly absent is the purchasing power that turns supply into celebration. For…...
Pagume Ethiopia 13th Month Pay Leave: Reform Dilemma
4+ day, 17+ hour ago (1619+ words) A year ago, a popular Ethiopian social-media influencer posted what appeared to be a startling piece of economic news: the International Monetary Fund wanted Ethiopia to abolish Pagume. The satirical post claimed that the IMF considered Ethiopia’s 13th month an “unnecessary…...
Ethiopia Inflation August 15.1 Percent: Food & Education
4+ day, 18+ hour ago (339+ words) Consumer inflation climbed to 15.1 percent in August 2026, up from 13.6 percent a year earlier, with higher food prices and a sharp increase in education costs contributing to the acceleration. Food and non-alcoholic beverage inflation reached 14.9 percent, driven by increases across most…...
NBE FX Auction September: Central Bank Prepares $125M Sale
5+ day, 23+ hour ago (395+ words) The National Bank of Ethiopia will offer 125 million US dollars to commercial banks on Wednesday, September 9, in its 28th foreign exchange auction as the central bank continues its regular programme of supplying hard currency to the banking system. The auction, announced…...
Ethiopia Agribusiness Financing: Selected for $10M IFAD-AgDe
1+ week, 1+ hour ago (481+ words) Ethiopia will be among the first five African markets targeted by a new 10 million US dollars financing facility aimed at expanding access to capital for early-stage agribusinesses, as development lenders seek to channel more private investment into the continent’s agricultural…...
Ethiopian Coffee Traceability: 5 Global Export Impacts
1+ week, 4+ day ago (1004+ words) Research published by supply-chain transparency initiative Trase shows that importers serving the European Union handle 79 percent of global coffee shipments. The concentration means compliance decisions by a relatively small group of multinational buyers could influence sourcing requirements across markets in…...
Infra Tech Launches Sydro, a Video Platform Built for Ethiopian Creators
1+ week, 6+ day ago (304+ words) Infra Tech Software Service has launched Sydro, a video-first social media platform that allows Ethiopian content creators to receive direct financial support from followers in Ethiopia and abroad. The platform integrates with local payment services Telebirr and Chapa, enabling fans…...
Girma Wake Exposes How Uganda Airlines Lost Control of Its Own Operations
2+ week, 1+ day ago (1287+ words) Uganda Airlines is operating without its own aircraft hangar, full-fledged maintenance facility or catering department, leaving the state-owned carrier heavily dependent on outside providers as it struggles with grounded aircraft and persistent losses, Acting Chief Executive Officer Girma Wake told…...
AlHuda CEO On Ethiopia???s Islamic Finance Push, Sukuk And Its Cautious Crypto Path
2+ week, 2+ day ago (1016+ words) Birrmetircs: Could you briefly introduce yourself and AlHuda Centre of Islamic Banking and Economics? We have been working in the Ethiopian market for the past 12 years. Every year, we organise an interest-free banking and finance forum to bring international experience…...
TDB Eyes New Fertilizer Project in Ethiopia, Chief Says
2+ week, 2+ day ago (648+ words) The Trade and Development Bank is eyeing a new fertilizer project in Ethiopia as part of a pipeline of regional investments in energy, aviation and agricultural inputs, according to Admassu Tadesse, the bank’s president and chief executive. The chief executive…...